Agencies Must Create Clear Prediction Market Rules to Avoid FTX-Style ‘Implosions’: CFTC Chair
Michael Selig argued that prediction markets operating offshore in “unregulated space” could lead to an FTX-style collapse.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
CFTC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on DecryptRelated market context
CFTC Chairman Selig Blasts Illinois’s 0.2% Crypto Tax as a ‘Sin Tax’ on Blockchain
CFTC Chairman Michael Selig has taken direct aim at Illinois over its new tax on crypto transactions. In an op-ed published July 1...
CFTC Chair Selig criticizes Illinois’ 0.2% crypto transaction tax as a brake on innovation
Illinois' crypto tax may stifle innovation, drive businesses away, and highlight tensions between state and federal crypto regulat...
Supreme Court Overturns Humphrey's Executor, Clearing Trump to Fire SEC and CFTC Commissioners
The Supreme Court ruled Monday that President Trump can fire commissioners at the Federal Trade Commission and other independent a...
CFTC’s Selig says Illinois lawmakers ‘decided they know better’ on crypto tax
CFTC Chair Michael Selig sharply criticized Illinois' decision to pass a law that puts into place a 0.2% tax on crypto transaction...
Robinhood’s expanding crypto bet meets a faster-moving prediction market boom
Robinhood is pushing deeper into crypto infrastructure with the launch of its own blockchain network, tokenized stocks and decentr...
Circle CEO says Open USD must break USDC’s network effect before its 140 backers matter
Circle CEO Jeremy Allaire used Open USD's launch to draw a harder line around USDC's moat: a partner-owned stablecoin can challeng...